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Digital Yuan Operator Signs Cross-Border Payment Agreements With 26 Institutions

2026-06-19 22:23:42

The digital yuan operating center signed participation agreements with 26 financial institutions in Shanghai. The agreements aim to promote low-cost, high-efficiency cross-border payments and increase the global use of the yuan. The institutions will join CBETS, which supports 24-hour digital payments with overseas central banks and financial institutions.

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